| Latest Forum Topics / User Research/Opinions |
 Post Reply
|
|
SREIT investor
|
|
|
sreitinvestor
Member |
04-Nov-2010 17:41
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for LippoMapleTrust: - DPU for the reporting quarter is 1.09 cents. This equates to an annualized yield of 8.6% at closing unit price of 51.5 cents on 30 September 2010. - LMIR Trust has continue to maintain a conservative gearing and its aggregate leverage as at 30 September 2010 was 10.8%, with total borrowings stable at S$125.0 million. - LMIR Trust portfolio occupancy remains significantly better than the industry average, with an occupancy rate of 98.1% as at 30 September 2010. - Net asset value per unit of S$0.79 as at 30 September 2010. - The Books will close from 5pm on 12 Nov 2010 for the purpose of determining Unitholders’ entitlement to the distribution. - The distribution will be paid on 30 Nov 2010. http://sreitinvestor.blogspot.com/2010/11/lippomapletrust-q3-2010-quarterly.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
30-Oct-2010 07:28
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for Cache Logistics: Key Points * DPU for the reporting quarter is 1.94 cents. * DPU of 3.65 cents for the period 12 April 2010 to 30 September 2010. * Annualised DPU of 7.75 cents exceeds forecast by 1.4%. * Strong balance sheet with aggregate leverage of 23.4%. * On track to deliver forecast DPU for 2010. * Annualised Distribution Yield of 7.8% based on 27 Oct 2010 closing price of S$0.99. * The Cache portfolio was valued by Knight Frank on 30 September 2010 at S$741.2 million compared to the S$729.9 million recorded on 31 October 2009. * The six properties that make up the Cache portfolio are 100% leased under the Master Lease Agreements. * Excluding income available for distribution, adjusted NAV per unit is S$0.88. * Cache will pay out a maiden distribution of 3.65 cents per unit for the period 12 April 2010 to 30 September 2010. * The Books will close from 5pm on 8 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. * The distribution will be paid to unitholders on 29 November 2010. Q3 2010 results for CDL H-Trust: Key Points * DPU for the reporting quarter is 2.54 cents after deducting income retained for working capital. Before deducting the retained income the DPU for the period is 2.81 cents. * Highest ever quarterly occupancy rate of 91.6% since IPO. * RevPAR growth for Singapore Hotels up 31.2% to S$199 for 3Q 2010. * Gearing level of 21.1% as at 30 September 2010. * NAV per unit of S$1.46 as at 30 September 2010. * Fitch Rating of BBB-. Q3 2010 results for AIMSAMPI Reit: Key Points * DPU for the reporting quarter is 0.3968 cents. * DPU is lower for the quarter due to the issue of 513,309,781 rights units on 14 October 2010 and 7,165,109 Units to the Manager on 19 October 2010 for payment of the acquisition fee in relation to the acquisition of 27 Penjuru Lane. If the new Units issued in October 2010 were excluded, the adjusted DPU would have been 0.5376 cents. * Gross revenue for the quarter increased by 42.1% year-on-year to S$16.8 million. * Net property income for the quarter increased by 33.0% year-on-year to S$12.0 million. * Distributable income increased by 56.8% year-on-year to S$8.1 million. * Unitholder approval for the acquisition of 27 Penjuru Lane Singapore for S$161 million. * Launched fully underwritten S$79.6 million renounceable rights issue. * Accepted a letter of commitment for a S$280 million new loan with a significantly lower all in cost of debt and a weighted debt term to maturity of 3.9 years. * The acquisition of the high quality ramp up warehouse at 27 Penjuru Lane for S$161 million has resulted in a significant increase in the asset base to S$803.9 million as at 28 Oct 2010. * Gearing level of 28.9% as at 30 Sep 2010, and 34.8% post acquisition of 27 Penjuru Lane. * Net asset value per unit of S$0.31 as at 30 September 2010, and S$0.26 post acquisition of 27 Penjuru Lane. * The Books will close from 5pm on 9 Nov 2010 for the purpose of determining Unitholders’ entitlement to the distribution. * The distribution will be paid on 17 Dec 2010. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
|
|
|
sreitinvestor
Member |
27-Oct-2010 07:29
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for FCT: Key Points * DPU for the reporting quarter is 2.16 cents. * FY2010 gross revenue grew 32% y-on-y to a record high of $114.7 million. Gross revenue was boosted by the accretive acquisitions of Northpoint 2 and YewTee Point, and the successful revamp of Northpoint 1. * Portfolio occupancy level remained high at 98.1% as at 30 September 2010, in spite of the on-going refurbishment of Causeway Point. * Total assets grew 30% y-on-y to $1,516 million as at 30 September 2010, driven largely by new acquisitions. * FCT recognised revaluation surplus of $42.5 million in FY2010, with all properties recording higher valuations. * Gearing ratio was 30.3% as at 30 September 2010. * NAV per unit was $1.293 as at 30 September 2010. * The Books will close from 5pm on 1 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. * The distribution will be paid on 29 November 2010. Q3 2010 results for SUNTEC Reit: Key Points * DPU for the reporting quarter is 2.502 cents. * This is an annualised yield of 6.6% based on closing unit price of S$1.51 on 30 September 2010. * The committed occupancy for the overall office portfolio strengthened further to 98.5%. * Gearing level of 32.9% as at 30 September 2010. * Net asset value per unit of S$1.828 as at 30 September 2010. * The Books will close from 5pm on 3 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. * The distribution will be paid on 29 November 2010. Q3 2010 results for Starhill Global: Key Points * DPU for the reporting quarter is 1.00 cents. * Strong performance primarily due to first quarterly contribution from Starhill Gallery and Lot 10. * On an annualized basis, 3Q 2010 DPU represents a yield of 6.84% based on closing unit price of S$0.58 on 30 September 2010. * Prudent gearing level of 31% with a post refinancing weighted average debt maturity of 3.4 years. * Starhill Global REIT’s portfolio now includes 13 prime properties across five countries valued at approximately S$2.6 billion. * The geographic breakdown of the portfolio by asset value as at 30 September 2010 was as follows: Singapore 66.3%, Malaysia 17.2%, Japan 7.4%, Australia 6.0%, and China 3.1%. * The Singapore portfolio’s committed occupancy improved from 95.8% in 30 June 2010 to 96.1% in 30 September 2010. * NAV per unit was $0.90 as at 30 September 2010. * The Books will close from 5pm on 3 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. * The distribution will be paid on 29 November 2010. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
25-Oct-2010 15:46
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for Ascott Reit: Key Points * DPU for the reporting quarter is 1.85 cents. * On 1 October 2010, Ascott Reit completed the acquisition of 3,347 apartment units in 28 properties in Singapore, Vietnam, France, United Kingdom (UK), Germany, Belgium and Spain. Ascott Reit’s enlarged portfolio now comprises 65 properties with 6,681 apartment units in 12 countries and 23 cities across Asia Pacific and Europe. * On 13 September 2010, ARTML launched an equity fund raising by way of a private placement and non-renounceable preferential offering. In order to ensure fairness to holders of Ascott Reit units prior to the issuance of the private placement new units, the Manager declares, in lieu of the scheduled distribution, an advanced distribution of the distributable income for the period from 1 July 2010 up to 21 September 2010, the day immediately prior to the date on which the private placement new units are issued. * The advanced distribution for the period from 1 July 2010 up to 21 September 2010 will be 1.74 cents per unit. * Books closure for the advanced distribution was on 21 September 2010 and will be paid on 19 November 2010. * The next distribution will comprise the distributable income from 22 September 2010 to 31 December 2010. Semi-annual distributions will resume thereafter. * Gearing of 32.2% as at 30 September 2010. Excluding the proceeds from the private placement tranche of the equity fund raising in September 2010, which was used to part fund the acquisition of properties in October 2010, the Group’s gearing was 41.1%. * The net asset value (“NAV”) per Unit was S$1.22 as at 30 September 2010. http://sreitinvestor.blogspot.com/2010/10/ascott-reit-q3-2010-quarterly-earnings.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
23-Oct-2010 10:59
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for FrasersComm: Key Points * DPU for the reporting quarter is 0.31 cents. * Gross revenue for the financial year grew by 21% to S$117.9 million. * The growth was driven mainly by the full year contribution from Alexandra Technopark, and the strengthening of the Australian Dollar. * Net property income rose 25% to S$93.0 million in line with the strong revenue growth. * Distribution Per Unit (“DPU”) for the full financial year was 1.12 cents, up by 29% from a year earlier. Based on the last closing price of the Units of S$0.165 on 21 October 2010, this represents a yield of 6.8%. * A total distribution of 0.5549 cents per Unit and 2.7575 cents per CPPU for the second half FY10 will be paid on 29 November 2010. * The distribution books closure date for both the Units and CPPUs is 2 November 2010. * Higher average occupancy rates have been achieved for the Singapore and Australia properties which increased from 95.5% to 96.1% and 96.3% to 98.8% respectively. * The net asset value (“NAV”) per Unit was S$0.27 as at 30 September 2010 up from S$0.26 a quarter ago. * As at 30 SEP 2010, Total Assets is S$2,094,108m, Total Debt is S$828,461m, and gearing is at 39.6%. Note that part of the distributable income of the reit needs to be distributed to unit holders of the CPPU (Convertible Perpetual Preferred Units), which is 2.7575 cents per unit for the latest distribution for second half FY10. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
|
|
|
sreitinvestor
Member |
22-Oct-2010 13:51
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for CMT: Key Points * DPU for the reporting quarter is 2.36 cents. * Gross revenue grew 6.3% year-on-year to S$148.2 million in 3Q 2010 while net property income was higher by 7.1% over that of 3Q 2009. * CMT continued to register strong portfolio occupancy of 99.6% as at 30 September 2010. * With the issuances of the four-year and seven-year medium term notes, CMT’s average cost of debt was 3.7% and gearing ratio was 37.2% as at 30 September 2010. * Interest cover remained strong at approximately 3.7 times. * Book closure is at 5.00 pm on 1 Nov 2010 for the purpose of determining unitholders’ entitlements to distribution. * The distribution that will be paid on 29 Nov 2010. Q3 2010 results for First Reit: Key Points * DPU for the reporting quarter is 1.94 cents. * Based on its annualised DPU of 7.70 Singapore cents and the closing price of S$0.95 on 20 October 2010, First REIT achieved a distribution yield of 8.1%. * Continued focus on asset enhancements to drive revenue and growth. * Acquisition growth is expected to gain momentum. * The Books will close from 5pm on 1 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. * The distribution will be paid on 29 November 2010. * The ex-dividend date will be on 28 October 2010 at 9.00am. Q3 2010 results for MapletreeLog: Key Points * The DPU for the reporting quarter is 1.54 cents. * Pursuant to the Equity Fund Raising, the Manager will declare, in lieu of the scheduled distribution in respect of the period from 1 July 2010 to 30 September 2010, a distribution of the amount distributable for the period from 1 July 2010 to 14 October 2010, being the day immediately prior to the date on which the new units are issued and listed pursuant to the Equity Fund Raising. * MapletreeLog will announce the cumulative DPU for the period of 1 July 2010 to 14 October 2010 at later date. * Amount distributable increased by 9.5% year-on-year to S$31.5 million for the three months ended 30 September 2010 (“3Q 2010”). * Improvement driven substantially by acquisitions of 10 properties in the past 12 months in Singapore, Japan, South Korea and Vietnam. * The occupancy rate in Hong Kong and Malaysia increased from 92% to 97% and 95% respectively. * Positive rental reversion and organic growth from existing portfolio of properties. * As at 30 September 2010, the Trust’s portfolio consists of 91 properties. Of the 91 properties, 50 are in Singapore, 13 in Japan, 11 in Malaysia, 8 in Hong Kong, 6 in China, 2 in South Korea and 1 in Vietnam. * Equity Fund Raising (EFR) exercise on 21 September 2010 comprising a private placement tranche and a preferential offering tranche to raise gross proceeds of S$305 million. * Leverage ratio rose slightly to 39.9% as at 30 September 2010. With the full deployment of the EFR proceeds towards the paring down of debt, the leverage ratio will decline to 36%. Thereafter, assuming completion of the potential acquisitions, the leverage ratio is expected to be approximately 38%. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
21-Oct-2010 13:50
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for CCT Key Points * The DPU for the reporting quarter is 1.99 cents. * For the financial period from 1 July 2010 to 30 September 2010 (3Q 2010), distributable income is S$56.2 million, a year-on-year increase of 7.9% from S$52.1 million. * Distribution yield is 5.5% based on 3Q 2010 DPU and the closing price of S$1.44 per unit on 20 October 2010. * Grade A offices registered near 100% occupancy, and overall portfolio achieved a rate of 98.2%. * Standard & Poor's Ratings Services assigned to the Trust a long-term global corporate credit rating of ‘BBB+’ with a stable outlook. Currently, the Trust has a corporate family rating of ‘Baa2’ with a positive outlook from Moody’s. * Total assets at about S$6 billion. * The adjusted NAV per Unit is S$1 40, assuming the distributable income has been paid out to the unitholders. * Gearing ratio at 31.5%. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
20-Oct-2010 17:51
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for Cambridge: Key Points * Successfully acquired new assets worth S$37.1 million, supported by a S$40.0 million Private Placement in August 2010. * Reduced gearing from 42.3% to 39.2%, following loan prepayment of S$32.0 million. Further repayment is planned. * Improved financial flexibility with a new three-year Acquisition Term Loan and Revolving Credit Facility totalling S$70.0 million. * Delivered distributable income in 3Q2010 of S$10.8 million, which translated to a distribution per unit (“DPU”) of 1.187 cents. * Successfully completed an asset enhancement initiative, with three others in the pipeline, plus leases re-negotiated. * An advanced distribution of 0.680 cents per unit was paid on 16 September 2010 in conjunction with the private placement exercise carried out in August 2010. The balance of 0.507 cents DPU will be payable on 30 November 2010. * The Trust holds S$86.2 million in cash as at 30 September 2010, including approximately S$35.0 million relating to divestment proceeds. It is committed to use these proceeds to repay the syndicated term loan facility on 17 November 2010. This is expected to further reduce gearing to approximately 36.8%. * The carrying value of the property portfolio increased by S$7.3 million during the quarter to S$838.5 million as at 30 September 2010. * The 3Q2010 occupancy rate for CIT of 99.97%, remains higher than the national average of 92.3% http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
|
|
|
sreitinvestor
Member |
20-Oct-2010 17:48
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for CRCT: Key Points * DPU for the quarter ended 30 September 2010 is 2.08 Singapore cents. * CRCT has achieved net property income (NPI) of RMB94.2 million for 3Q 2010, up 9.1% against the same period last year. * Income available for distribution is S$13.0 million. * As at 30 September 2010, CRCT’s total borrowing was S$413.7 million, with gearing at 33.7% and healthy interest cover of 6.2 times. * CRCT has secured the refinancing of the S$200.5 million loans maturing in November 2010. The debt maturity will be extended to 2013 and 2014. With this completed, there will be no major refinancing needs in 2011. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
18-Oct-2010 23:11
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for K-Reit: Key Points
http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
18-Oct-2010 23:08
|
|
x 0
x 0 Alert Admin |
Q3 2010 results for A-Reit: Key Points
http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
08-Sep-2010 12:11
|
|
x 0
x 0 Alert Admin |
Comparison of Q2 2010 DPU and the previous quarter: http://sreitinvestor.blogspot.com/p/dpu.html |
| Useful To Me Not Useful To Me | |
|
|
|
|
sreitinvestor
Member |
24-Jul-2010 08:13
|
|
x 0
x 0 Alert Admin |
Frasers Centrepoint Trust commences $72 million upgrade of Causeway Point. Key Points
More about REITs at http://sreitinvestor.blogspot.com |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
24-Jul-2010 08:09
|
|
x 0
x 0 Alert Admin |
Second quarter 2010 results for Frasers Centrepoint Trust:
Key Points * DPU for 2Q 2010 is 2.07 cents. * The book closure date is Monday, 2 August 2010 and the distribution payment date is Friday, 27 August 2010. * Record 3Q10 (1 April to 30 June 2010 period) income available for distribution of $16.3 million, which represents an increase of 35% from the same period last year. * FCT’s 3Q10 gross revenue grew 45% y-on-y to $30.7 million, aided by contributions from Northpoint 2 and YewTee Point, and a strong recovery in Northpoint’s performance post completion of enhancement works. * Net property income similarly grew 46% y-on-y to $21.5 million. * FCT’s 3Q10 distribution per unit rose 7% y-on-y to 2.07¢, with $0.4 million of 3Q10 income being retained for distribution in the fourth quarter of FY2010. * Portfolio occupancy was 99% as at 30 June 2010. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
24-Jul-2010 08:08
|
|
x 0
x 0 Alert Admin |
Second quarter 2010 results for Ascott Reit:
Key Points * Ascott Reit achieved a unitholders’ distribution of S$11.6 million for the period 1 April to 30 June 2010, 5% higher than the same period last year. * DPU in the second quarter increased by 4% to 1.87 cents. * Unitholders’ distribution and DPU for the period 1 January to 30 June 2010 are S$21.8 million and 3.53 cents respectively. * The book closure date is Monday, 2 August 2010 and the distribution payment date is Friday, 27 August 2010. * Independent valuations of the Group’s portfolio were conducted as at 30 June 2010. The portfolio was revalued at S$1.56 billion, an increase of S$31.7 million, or 2% compared to its last valuation on 31 December 2009. * Ascott Reit’s net asset value (NAV) per unit as at 30 June 2010 is S$1.38. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
24-Jul-2010 08:05
|
|
x 0
x 0 Alert Admin |
Second quarter 2010 results for CRCT:
Key Points * DPU for the quarter ended 30 June 2010 is 2.07 Singapore cents. * Unitholders will receive a distribution of 4.21 Singapore cents per unit for the six months ended to 30 June 2010. * The books closure date is 9 September 2010 and the distribution payment date is 24 September 2010. * As at 30 June 2010, the total portfolio valuation was RMB5.8 billion, which increased by 1.7% or RMB100.0 million over the previous valuation as at 31 December 2009. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
24-Jul-2010 08:03
|
|
x 0
x 0 Alert Admin |
Second quarter 2010 results for SUNTEC Reit:
Key Points * The DPU for the quarter (2Q 2010) is 2.528 cents. * The Books Closure Date is on 3 Aug 2010. * Unitholders can expect to receive their 2Q 2010 DPU on 27 August 2010. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
24-Jul-2010 08:01
|
|
x 0
x 0 Alert Admin |
Second quarter 2010 results for CMT:
Key Points * The DPU for the quarter (2Q 2010) is 2.29 cents. * The Books Closure Date is on 30 July 2010. * Unitholders can expect to receive their 2Q 2010 DPU on 27 August 2010. * Completed acquisition of Clarke Quay on 1 July 2010. * Portfolio occupancy continued to be strong at 99.5% as at 30 June 2010. * Average cost of debt and gearing ratio were 3.7% and 34.8% respectively as at 30 June 2010. Interest cover stood at approximately 3.3 times. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
24-Jul-2010 07:59
|
|
x 0
x 0 Alert Admin |
Second quarter 2010 results for CCT:
Key Points * The DPU for the quarter (2Q 2010) is 1.97 cents. * Total DPU for 1H 2010 is 3.90 cents. * Distributable income of S$110.0 million for the financial period from 1 January 2010 to 30 June 2010 (1H 2010). * The Trust’s distribution yield is 5.9% based on the closing price of S$1.33 per unit on 20 July 2010. * The books closure date is Friday, 30 July 2010. * Unitholders can expect to receive their semi-annual estimated DPU payout of 3.90 cents on or around Friday, 27 August 2010. * An independent valuation of the Trust’s portfolio of investment properties was conducted as at 30 June 2010 which showed a marginal decrease of S$25.7 million or 0.5% in its market value compared to its last valuation on 31 December 2009. * The value of the Trust’s investment properties and total assets is now S$5.5 billion and S$6.0 billion respectively. * The Trust’s net asset value (NAV), after adjusting for the 1H 2010 distributable income to unitholders, is S$1.36 per unit as at 30 June 2010. * Committed occupancy rate has increased to 95.6% from 95.1% as at end of first quarter 2010. Grade A offices have attained 100% occupancy now, up from 99.1% last quarter. * The Trust’s gearing is at a healthy 32.8% and has only S$85.0 million of debt maturing this year. * Moody's Investors Service has also changed the rating outlook of CCT to positive from stable, and affirmed CCT's Baa2 corporate family rating and Baa3 senior unsecured debt rating. http://sreitinvestor.blogspot.com/p/date-of-results-release.html |
| Useful To Me Not Useful To Me | |
|
sreitinvestor
Member |
20-Jul-2010 09:15
|
|
x 0
x 0 Alert Admin |
K-Reit - ACQUISITION OF THE OFFICE TOWER AT 77 KING STREET, SYDNEY, AUSTRALIA Key Points
|
| Useful To Me Not Useful To Me | |